Career in Banking & Finance after B.Com

Are you a student studying commerce for graduation or a fresher just passed B Com? Are you confused what are the career opportunities in front of you? Then this article gives you a lead and guidance about possible promising carers for you.

Career avenues after B.Com

After completing and passing the Bachelor of Commerce degree, candidates have multiple opportunities in the field of banking and Finance. They can either straightaway try for jobs in the banking and finance sector or pursue higher studies relevant for those sectors and then join the filed on job.After passing B.Com degree they are eligible to apply for Clerical posts in banks and entry level Officer posts or Probationary Officers.

Banking jobs for B Com graduates

Banks recruit graduates as clerical cadre employees and Officer or Junior Management cadre employees at entry level. Candidates have to appear for and clear the written examination-preliminary and then main- conducted by own bank or IBPS institute for about 19 nationalised banks; conducted by the concerned banks in other case and for some private sector banks. The interview procedures follow for the candidates who are selected after cut off.The general eligibility and other details as was needed in the previous recruitments are available in the following linked articles.1. Bank Clerk jobs - recruitment of Clerks in Nationalised Banks 2. Bank Officer jobs - recruitment of Probationary officers /Management TraineesSelected candidates after successful completion of necessary training and probation can start their career as a bank clerk, teller/cashier etc and in the officer cadre as probationary Officer, Management Trainee, Bank field officer, Assistant manager, Loan Officer etc. as the case may be.

Other miscellaneous opportunities in the filed

Other than the large banks B Com graduates can get jobs in private financier firms in various positions. They are eligible to get jobs in local rural and co-operative banks and financial enterprises by state governments.

Career avenues on higher studies for B com graduates

B Com graduates can pursue their career by joining for higher education courses. The most popular are Master of Commerce- M.Com (Banking & Finance) and Master of Business Administration(MBA) in Banking & Finance.

MBA(Finance,Banking etc) gives the students a comprehensive knowledge about finance and banking. It gives an overall all-round learning and exposure in the related area.After successful completion of MBA in Finance and Banking or more specific and defined areas in the main sectors, the candidates have the opportunities for various junior or middle management positions in Banks, Financial analyst, Financial advisor, Investment Manager Financial planner, Financial consultant etc.etc.Those completing M Com can also look for Ph .D on some specialised subjects. And some certificate courses imparting specialisation like Financial Accounting & Taxation, Micro Finance, Stock Market, Equity research, Investment Banking etc.They all give good employment opportunities and even own consultancies.There are some other courses also like Diploma in Financial Management, Diploma in Bank Management etc.

PGDBM (Manipal)programme and bank jobs

Banks like Kotak bank, ICICI bank,Federal bank etc. and even some nationalised banks have entered into some arrangement with Manipal Global Education Services to give training to the candidates V by the banks and award the Post Graduate Diploma in Bank Management by Manipal University and the candidates will be absorbed as probationary officers in the concerned banks. The aspiring candidates have to register in the websites of concerned banks or await advertisement announcement for selection.

Conclusion

B.Com graduates have ample opportunities for their bright career in the field of banking and finance apart from the general fields any graduate gets. In this regard also the saying'if there is a will, there is a way" stands true.

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